TORONTO--(BUSINESS WIRE)--Evolution Technology Resources Inc. (OTC: ETKR) a firm with its office
in Toronto, Canada, received acquisition financing from investment firm
Eliseo Partners to acquire an operational, licensed and revenue
producing online casino as a foundation to build a portfolio of brands
in the growing online gambling and social gaming market.

The global online gambling market is currently worth around $37 billion
a year, as about 85 nations across the world have chosen to legalize
Internet gambling, according to the American Gaming Association. The
United States only has a few jurisdictions which legalized and regulate
online casino gambling so far, namely Nevada, New Jersey and Delaware.

The Company’s growth strategy is to acquire online casinos and cloud
based gambling businesses with operational revenue and track records in
order to leverage the success of the underlying business to reinvest
into social gaming and other rapidly forming trends as they arise.

About Evolution Technologies Resources, Inc.

Evolution Technology Resources is a business development company that is
focused on acquiring intellectual property and assets for cloud
computing, high tech and online gaming industries. Evolution Technology
Resources is a business development company focused on acquiring
intellectual property and assets of the Cloud Computing, Media &
Technology, Online Casinos and Social Gaming Sectors.

ETKR’s growth strategy consists of making acquisitions and innovations
within the online gambling, social gaming and mobile apps to diversify
our portfolio of brands to provide users access to great content. We
have offices in Canada and South East Asia and manage a global network
of contractors and affiliates providing us deep insight into high impact
trends in our industry. Our online gambling platform is a key driver
towards revenue growth. We feel strongly about Asian sports betting as
an additional growth factor.

This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, and is subject to the Safe Harbor created by those sections. This
material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to
risks and uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of Evolution
Technology Resources, Inc. to be materially different from
the statements made herein. Words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates," "optimizing,"
"potential," "goal," and similar expressions, as they relate to the
Company, its business or management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the Company's business based, in part,
on assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Actual outcomes and results may, and
probably will, differ materially from what is expressed or forecasted in
such forward-looking statements due to numerous factors, including those
described above and those risks discussed from time to time in the
Company's filings with the OTC Markets.